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" The market price of labour is the price which is really paid for it, from the natural operation of the proportion of the supply to the demand; labour is dear when it is scarce and cheap when it is plentiful. However much the market price of labour may... "
Individualism and Individuality in the Philosophy of John Stuart Mill - Side 67
af Charles Larrabee Street - 1926 - 136 sider
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The British review and London critical journal

1817 - 522 sider
...conveniences which that money will purchase; " — that " the market price of labour is the price that is really paid for it, from the natural operation of the proportion of the supply to the demand : labour is dear when it is scarce, and cheap when it is plentiful ; " — that " when the market price...
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On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - 560 sider
...by the increasing skill, both in science and art, of the producers. •S The market price of labour is the price which is really paid for it, from the...operation of the proportion of the supply to the demand ; labour is dear when it is scarce, and cheap when it is plentiful./ However much the market price...
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On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - 566 sider
...really paid for it, from the natural operation of the proportion of the supply to the demand ; labour is dear when it is scarce, and cheap when it is plentiful. However much the market price of labour may deviate from its natural price, it has, like commodities, a tendency to conform to it. It...
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Price of Corn and Wages of Labour, with Observations Upon Dr. Smith's, Mr ...

Sir Edward West - 1826 - 188 sider
...passage, though he attempts to impugn the doctrine in others. " The market price of labour," says he,* " is the price which is really paid for it from the...operation of the proportion of the supply to the demand." In another passage,-} however, he says, " The opinion that the price of commodities depends solely...
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Price of Corn and Wages of Labour, with Observations Upon Dr. Smith's, Mr ...

Sir Edward West - 1826 - 194 sider
...passage, though he attempts to impugn the doctrine in others. " The market price of labour," says he,* " is the price which is really paid for it from the...operation of the proportion of the supply to the demand." In another passage,-} however, he says, " The opinion that the price of commodities depends solely...
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The Life of Sir Thomas Munro, Late Governor of Madras: With Extracts ..., Bind 2

George Robert Gleig - 1830 - 472 sider
...and perpetuate their race, without either increase or diminution." P. 86. "The marketprice of labour is the price which is really paid for it from the...operation of the proportion of the supply to the demand ; labour is dear when it is scarce, and cheap when it is abundant." P. 88. " Capital may increase at...
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The Elements of Political Economy

Henry Dunning Macleod - 1858 - 626 sider
...of labor will rise ; with a fall in their price the natural price of labor will fall." " The market price of labor is the price which is really paid for...it is plentiful. However much the market price of value may deviate from its natural standard, it has, like commodities, a tendency to conform to it."...
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Work and Wages Practically Illustrated

Earl Thomas Brassey Brassey - 1872 - 316 sider
...conformity with the law of wages as stated by Mr. Ricardo when he says : " The market price of labour is the price which is really paid for it, from the natural operations of supply and demand. Labour is dear when it is scarce, and cheap when it is plentiful."...
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The Principles of Economical Philosophy, Bind 1

Henry Dunning Macleod - 1875 - 546 sider
...labour will fall." — " The 1 Principles of Political Economy, p. 86. 3rd Edit. market price of labour is the price which is really paid for it, from the...operation of the proportion of the supply to the demand ; labour is dear when it is scarce, and cheap when it is plentiful. However much the market price of...
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The Principles of Economical Philosophy, Bind 2

Henry Dunning Macleod - 1875 - 556 sider
...fall."—" The i Principles of Political Economy, p. 86. 3rd JSdit. market price of labour is tlie price which is really paid for it, from the natural...operation of the proportion of the supply to the demand; labour is dear when it is scarce, and cheap when it is plentiful. However much the market price of...
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